Amazon to Buy Vacuum Maker iRobot for Roughly $1.7B

iRobot sells its products worldwide and is most famous for the circular-shaped Roomba vacuum.

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FILE - This Wednesday, Jan. 16, 2019 file photo shows an iRobot Terra lawn mower in Bedford, Mass. Amazon on Friday, Aug. 5, 2022, announced it has entered into an agreement to acquire the iRobot for approximately $1.66 billion. The company sells its robots worldwide and is most famous for the circular-shaped Roomba vacuum. (AP Photo/Elise Amendola, File)
Image via AP Photo/Elise Amendola

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

NEW YORK (AP) — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns about the company’s market power. iRobot sells its products worldwide and is most famous for the circular-shaped Roomba vacuum, which would join voice assistant Alexa, the Astro robot and Ring security cameras in the list of smart…

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